Netherlands: Government to raise late payment interest rate from 2026
The Netherlands government has published an amendment to the Decree on tax interest and late payment interest in Official Gazette No. 383 on 21 November 2025, raising the late payment interest rate from 4% to 4.3%, starting 1 January 2026. Late
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Australia: ATO mandates super funds, collective investment vehicles for RTP schedule filing from 2026
The Australian Taxation Office (ATO) announced, on 18 November 2025, that large superannuation funds and collective investment vehicles (CIVs) will be required to file the reportable tax position (RTP) schedule, starting 1 January 2026. The ATO
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Belgium: Government reaches deal on multi-annual budget for 2026, raises corporate tax
Belgium’s government reached a budget agreement for 2026 on 24 November 2025 after months of tense negotiations, Prime Minister Bart De Wever announced. Following a Christmas deadline he set for his five-party coalition, he reached a deal that
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France: National Assembly rejects first part of 2026 Finance Bill
France’s National Assembly rejected the revenue (tax) section of the 2026 Finance Bill on 22 November 2025. A general vote held the previous day resulted in the Bill being rejected at its first reading after several weeks of public debate, with
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Angola: National Assembly approves 2026 budget, proposes several tax law modifications
Angola’s parliament has approved the General State Budget for 2026 on 19 November 2025, introducing amendments to several tax laws. The key amendments are: Corporate Tax Reforms Electronic filing mandate: General and simplified regime
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Costa Rica: MoF raises interest rate for late payments, penalties
Costa Rica’s Ministry of Finance has published Resolution MH-DGH-RES-0063-2025/MH-DGA-RES-1766-2025 in the Official Gazette on 19 November 2025. Resolution MH-DGH-RES-0063-2025/MH-DGA-RES-1766-2025 repeals Resolution
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Bosnia and Herzegovina: Federation adopts draft law on transaction fiscalisation
The Government of the Federation of Bosnia and Herzegovina, acting on a proposal from the Federal Ministry of Finance, adopted the draft law on the Fiscalisation of Transactions in the Federation of BiH on 18 November 2025. The draft law will now
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Australia: ATO cautions taxpayers on emerging barter credit tax risks
The Australian Taxation Office (ATO) released a notice on 17 November 2025, cautioning taxpayers to avoid tax schemes that use barter credits. ATO warns about barter credit tax scheme The Australian Taxation Office (ATO) is warning the
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Slovak Republic: MoF issues updated model tax return for Pillar 2 supplementary domestic top-up tax
The Slovak Republic’s Ministry of Finance has issued Notification No. MF/15676/2025-724, introducing a model tax return form for the additional (supplementary) domestic top-up tax, in accordance with the Pillar 2 QDMTT framework. The new
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US: Treasury releases final guidance governing the 1% tax on corporate share repurchases
The US Treasury Department and IRS have issued final regulations (T.D. 10037) that clarify how the 1% excise tax on corporate stock repurchases applies to transactions occurring after December 31, 2022. This tax was initially introduced in the
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Lithuania: Tax authorities approve long term corporate tax incentives
Lithuania’s tax authorities have published a commentary on 18 November 2025, detailing how legal entities undertaking major manufacturing or data-service investments may qualify for a corporate income tax (PMĮ) exemption lasting up to 20
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EU Commission consults e-invoicing regulations in public procurement
The EU Commission has launched a consultation on 19 November 2025 on its plans to revise EU rules on electronic invoicing in public procurement to address shortcomings in the current framework, promote harmonised e-invoicing across the EU, and
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US: Treasury, IRS issue interim guidance on tax benefit for lenders on farm and rural property loans under the One Big Beautiful Bill, initiates public consultations for final draft
The US Department of the Treasury and the Internal Revenue Service issued guidance on 20 November 2025 for a new tax benefit for certain lenders that make loans secured by rural or agricultural real property. Notice 2025-71 provides interim
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Brazil: Congress greenlights budget cuts, limits corporate tax credits
Brazil’s Congress approved a bill on 18 November 2025 aimed at curbing public spending and tightening rules on companies' use of tax credits. Among its key provisions, the law bars tax credit compensations that are not linked to a company's
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Italy: Revenue agency introduces updated communication form for investment tax credits in simplified logistics zone areas
The Italian Revenue Agency has updated the supplementary communication form, along with the related instructions, for businesses seeking the investment tax credit available under the simplified logistics zone (ZLS) areas on 20 November 2025. The
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Malaysia: MoF presents 2025 Finance Bill, proposes new capital gains tax rules
Malaysia’s Ministry of Finance has presented the Finance Bill 2025 and Measures for the Collection, Administration and Enforcement of Tax Bill 2025 for the first reading in parliament on 18 November 2025. The Bill proposes amendments to
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Slovenia: National Assembly adopts budgets for 2026, 2027
Slovenia’s National Assembly has adopted amendments to the state budget for 2026 and 2027 on 19 November 2025. The budget proposes systemic reforms to strengthen science, expand access to affordable housing, promote investment, accelerate the
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Poland: Parliament extends withholding tax exemption for foreign investors, aligns law with EU rules
Poland's lower house of parliament (Sejm) approved an amendment to the Corporate Income Tax (CIT) Act to align national tax rules with European Court of Justice rulings on the taxation of investment and pension funds on 6 November 2025. The
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